RSM’s M&A and private equity team has successfully advised on the sale of EZCCTV.com Limited (EZCCTV) to RWL Security Solutions (RWL), to form Fortus Group (the Group).
EZCCTV is a Hertfordshire-based, leading distributor of CCTV and security equipment. The company is an official authorised UK distributor for both Geovision and Hikvision products, holding key long-term partnerships to supply its products to customers throughout the UK. The sale to RWL, a value-added distributor of security equipment headquartered in Dublin, represents its first bolt-on opportunity as the Group looks to acquire further security supply chain businesses in the UK and Ireland. Rockpool Investments, having recently invested in RWL, provided funding to support the acquisition.
What RSM did
RSM led the transaction on behalf of the vendor, providing financial and tax advice on the deal structure, negotiating all aspects of the deal terms and project managing the transaction to completion.
Transaction team: Stephen Orriss and Oliver Currie
RSM provided invaluable help throughout the process and despite a number of challenging circumstances along the way, were able to successfully navigate the deal through to completion.'
Darrell Stanley, Managing Director of EZCCTV